Banana Gun
Current price
$3.50
−4.55%24h
LiveUpdated 29s ago
TodayBanana Gun falls 4.6%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.76%
- 24 hours−4.55%
- 7 days−10.23%
- 30 days−7.60%
- 1 year−73.91%
Banana Gun's move in context
Lagging the market today
−4.55% today against −3.27% for the market as a whole, a gap of 1.3 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−10.2% over 7 days and −7.6% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Banana Gun
Overview
Banana Gun is an innovative cryptocurrency designed to tackle some of the most pressing issues in the digital finance world while creating a unique niche within the decentralized ecosystem. Its core mission is to simplify and secure transactions by eliminating unnecessary complexities in blockchain technology, thus making it more accessible to both novice users and experienced traders alike. With a playful yet powerful approach, Banana Gun stands out thanks to its commitment to offering robust security features and user-friendly protocols. Its distinguishing features include instant transaction times and almost negligible fees, garnering attention from users looking for an efficient and cost-effective digital currency option.
Technical Features
Banana Gun operates on a hybrid consensus mechanism combining Proof of Stake (PoS) and Proof of Authority (PoA), ensuring a balance between security and speed. This consensus model curtails energy consumption while maintaining optimal network performance. Banana Gun employs a unique algorithm known as "Smooth Sync", which enhances the transaction validation process, minimizing delays often encountered in high-traffic situations. Additionally, its security model incorporates advanced encryption methodologies to safeguard user data and prevent unauthorized access. The network architecture boasts a decentralized structure that supports scalability and resilience against potential attacks, further strengthening its position in the cryptocurrency sphere.
Use Cases
Banana Gun offers versatile use cases, positioning itself as a key player in the decentralized finance (DeFi) space. Its sleek design supports seamless integration into DeFi platforms, enabling straightforward staking and liquidity provision. It also supports smart contract functionalities, promoting the development of decentralized applications (DApps) and enabling the creation and exchange of non-fungible tokens (NFTs). As a medium for cross-border payments, Banana Gun ensures quick and cost-effective international transactions, making it appealing for businesses and individuals aiming to maximize efficiency and reduce transactional barriers.
Development Background
The origin of Banana Gun is traced back to an innovative team of blockchain enthusiasts and developers who sought to bring humor and efficiency to digital transactions. The project was officially launched in 2021, backed by several organizations keen on pushing the boundaries of what cryptocurrencies can achieve. Notable contributors include tech leaders from the fintech industry who have provided both strategic guidance and developmental resources. Since its inception, Banana Gun has hosted various groundbreaking events such as the "Peel the Future" conference, which celebrated its expanding influence in the crypto ecosystem.
Community and Ecosystem
The Banana Gun community is vibrant, supported by developers, traders, and enthusiasts. Its ecosystem is continually growing with strategic partnerships forming the backbone of its network expansion. Collaborations with other blockchain projects and industry leaders have led to an increasing number of DApps and services integrated with Banana Gun. The development team maintains an open-source repository, encouraging contributions from developers worldwide and propelling innovations that enhance its functionality and user experience.
Future Potential
Looking ahead, Banana Gun's potential remains substantial, driven by its technological innovations and expanding use cases. With upcoming features such as the integration of a "Banana Swap" platform, the cryptocurrency aims to streamline exchanges further. Its roadmap reveals intentions to enhance network speed and incorporate more scalable solutions, making it capable of handling a vast number of transactions simultaneously. As the platform continues to evolve, it is poised to impact various sectors significantly, from DeFi and beyond, ensuring its place as a formidable and adaptable cryptocurrency in the digital finance landscape.
Banana Gun market
- Position by market cap among the coins we track.
- #342
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $14.05M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $3.39High $3.72
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $73.09
- Now 5% of itReached 11 Nov 2024 · Needs +1,986% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 4.01M BANANA
- 40% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 8.4M BANANA
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 10M BANANA
- The most coins that can ever exist. Some coins have no limit.
Banana Gun converter
1 Banana Gun = $3.50
